The company has arranged a term loan of $200 million and a revolving credit facility of $50 million for development and construction of an open pit and conventional mill.
The EV giant considered acquiring part of Glencore, but negotiations failed on Tesla's concerns about the Swiss miner's coal business, FT.com reported.
The Huancuire community wants to apply the Indigenous concept of ‘waqui,’ or win-win, when it comes to its relationship with Chinese miner MMG and its Las Bambas copper mine.